Illinois General Assembly - Bill Status for HB2706
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 Bill Status of HB2706  102nd General Assembly


Short Description:  PROP TX-INDUSTRIAL PARK

House Sponsors
Rep. John Connor

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/15-181 new


Synopsis As Introduced
Amends the Property Tax Code. Provides for a homestead exemption for homestead properties located within 1,000 feet of an industrial park or a business park if (i) the development related to that industrial park or business park commenced after the owner first resided at that location and (ii) the property is principal place of residence of the owner. Provides that the amount of the exemption shall be a reduction of $5,000 from the equalized assessed value of the property.

Actions 
DateChamber Action
  2/14/2019HouseFiled with the Clerk by Rep. John Connor
  2/14/2019HouseFirst Reading
  2/14/2019HouseReferred to Rules Committee
  2/26/2019HouseAssigned to Revenue & Finance Committee
  3/6/2019HouseTo Property Tax Subcommittee
  3/29/2019HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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